In the USA, Friday, May 25 will be the start of the Memorial Day weekend. Traffic, BBQ’s, opening of swimming pools, remembrances, and other events will highlight the weekend.
As Hurricane Lane, currently a Category 2 storm, makes its way towards Hawaii, our priority today is supporting Par Pacific Holdings, which is temporarily shutting down its 93,500 barrel per day refinery in Kapolei, on the island of Oahu, to ensure the safety of workers, and the community and environment surrounding the facility.
A 15-year rise in U.S. exports of refined products continued in 2019 with our nation exporting more than ever, underscoring the importance of these products to fueling a growing world.
WASHINGTON, D.C. – AFPM President and CEO Chet Thompson released the following statement on the rioting that took place at the U.S. Capitol on January 6, 2021.
As I write this in the early afternoon of Monday, May 15, I just finished reading the latest bulletin from DHS on WannaCry, the ransomware virus that has become a lead news story since the weekend.
COVID-19 upended energy markets. Demand disappeared and producers scaled back. Now that economies are reopening, and the demand for goods and services is rebounding, the demand for energy all along the supply chain is increasing, driving up not only the cost of the feedstocks and fuels refineries and petrochemical manufacturers use, but also the cost of the energy used at every step of the supply chain.
AFPM President and CEO Chet Thompson and API President and CEO Mike Sommers sent a letter to President Biden responding to recent letters the Administration sent to major U.S. fuel refiners suggesting that these companies, their workforces and facilities throughout the country aren’t doing their part to bring fuel to the market and lower energy costs for consumers.
We are surprised and disappointed by the President’s letter. Any suggestion that U.S. refiners are not doing our part to bring stability to the market is false. We would encourage the Administration to look inward to better understand the role their policies and hostile rhetoric have played in the current environment.
As we approach the 2022 hurricane season, experts are predicting yet another severe year, with some saying it will compare to last year. No one knows how accurate these predictions will be, but we can...
